10:45 AM EST, 11/10/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:
We increase our 12-month target price by $17 to $248, or 24.0x our 2026 EPS estimate, a discount to RGLD's two-year average forward P/E of 25.2x and a larger discount to streaming/royalty peers' average forward P/E of 29.1x. We raise our 2025 EPS estimate by $0.18 to $7.92 and our 2026 EPS forecast by $1.45 to $10.35. Q3 2025 delivered record results with $252.1 million revenue and $174.0 million operating cash flow, demonstrating exceptional leverage to higher gold prices. The transformational $5 billion in acquisitions during 2025, including the $1 billion Kansanshi stream and Sandstorm/Horizon combinations, position RGLD as a premier diversified streaming company. Mount Milligan's mine life extension to 2045 and Fourmile's 25+ year potential add significant long-term value. Despite elevated debt of $1.225 billion, strong cash generation should enable repayment by mid-2027. We view the current valuation as attractive given the enhanced scale, diversification, and growth profile of the expanded portfolio.